Understanding the Interaction Between Payment Methods, Balancing Accounts, and Vendor Applications Recently, while helping a client troubleshoot a Purchase Credit Memo posting error, I uncovered an interesting interaction between three standard Microsoft Dynamics 365 Business Central features. The Purchase Credit Memo looked correct. The application looked correct. The vendor setup looked correct. Yet Business Central…
Category: Payables and Receivables
Using Allowance and Write Offs Effectively in Microsoft Dynamics 365 Business Central
A Practical Next Step Beyond “Don’t Use Credit Memos” In a recent post, Don’t use Credit Memos for Bad Debt Allowances in BC, I focused on a common issue I see in Microsoft Dynamics 365 Business Central environments — using credit memos to handle bad debt. The core takeaway was simple: This post builds on…
Don’t use Credit Memos for Bad Debt Allowances in BC
Preserve AR Visibility and Reserve Integrity the Righter Way One thing I have been seeing recently in Microsoft Dynamics 365 Business Central environments is the use of sales credit memos to record bad debt activity. The intent is usually logical. The mechanics are not. Allowance is an estimate.Write off is a settlement.A credit memo is…
